Sec. 3. (a) As used in this chapter with regard to a financial institution data match, “account” has the meaning set forth in 42 U.S.C. § 666, and includes any of the following:

(1) A demand deposit account.

(2) A checking or negotiable order of withdrawal account.

(3) A savings account.

(4) A timed deposit account.

(5) A money market mutual fund account.

     (b) As used in this chapter, “financial institution” has the meaning set forth in 42 U.S.C. § 666, and includes the following:

(1) A depository institution, as defined in Section 3(c) of the Federal Deposit Insurance Act (12 U.S.C. § 1813(c)).

(2) An institution affiliated party, as defined in Section 3(u) of the Federal Deposit Insurance Act (12 U.S.C. § 1813(u)).

(3) A federal or state credit union, as defined in Section 101 of the Federal Credit Union Act (12 U.S.C. § 1752), including an institution affiliated party of a credit union (as defined in Section 206(r) of the Act).

(4) A benefit association, insurance company, safe deposit company, money market mutual fund, or similar entity authorized to do business in Indiana.

As added by P.L.145-2006, SEC.271.